UAE became the key buyer of Russian flour

26.07.2016

In May 2016 Russia exported almost 200% more flour than in May 2015 (30.3 KMT against 11.9 KMT).

Since the beginning of 2015/16 (July-May) Russia exported 236 KMT, which was 66.5% higher than over the same period of the previous season (141.7 KMT).

In 2015/16 key export market for Russian flour was UAE. Several years before OAE made some purchases of  Russian flour, but the volumes had been minor. Over the reporting period of 2015/16 UAE imported about 44 KMT, which was 18.6% of total Russian flour exports. China was also among the growing export markets over July-May 2015/16, purchasing 33 KMT, which was 78.4% more than over the whole previous season (18.5 KMT). Moreover,  Mongolia, Turkmenistan, Tajikistan are increasing flour imports as well.

 

 

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